中文摘要：

2008年国际金融危机爆发以来,重新审视传统金融监管理论,充分揭示了以个体金融机构为监管重点的政策框架的缺陷,国际金融政策反应的核心内容就是强化以宏观审慎为导向的金融监管体系的建立与完善。该文对后危机时代金融监管理论的变迁进行了系统地梳理,阐述了相关理论在对金融风险的认识、风险测度、监管模式和监管政策四方面的突破,最后结合解决实际问题的需要和文献发展脉络指出了金融监管理论未来可能的发展方向。

英文摘要：

Since the international financial crisis in 2008,researchers re-examine the traditional theory of financial regulation and reveal the defects of policy framework which focuses on individual financial institutions.The international financial policy focuses on strengthen the financial regulatory system which oriented to macro-prudential regulation.This paper analyzes the progress on financial regulation theory from four aspects：the characteristics of financial risk,the measurement of risk,supervision model and regulatory policies.This paper also combines the actual demands with the literature and identifies important future research questions in financial regulation theory.